Yakkyofy launched an equity crowdfunding campaign on Mamacrowd in mid January 2020, when Covid-19 had just emerged in China, the country with which the company had the most contacts and ongoing business relationships.
In a matter of weeks, the pandemic had reached Italy and only days earlier Yakkyofy had held a webinar with Mamacrowd during which many questions were fielded about the fallout of the Chinese public health emergency on the start-up.
From early March, the start-up’s figures began to speak for themselves. Thanks to the phenomenal team work and the start-up’s sector (e-commerce), Yakkyofy reached really astonishing turnover levels.
€2.3 million in March, more than the turnover for the entire twelve months of 2019!
Up 3,310.36% in March 2020 and +830.72% on the first quarter of 2019, and April figures no less extraordinary, the start-up recorded turnover of €3.8 million for the first four months of 2020.